2005-08-10 Fire Fund MeetingAugust 10, 2005
City of Okeechobee Firefighters
Pension Meeting
Trustees Present: Bill Douglas, Glenn Hodges, Herb Smith.
A motion was made by Glenn Hodges, second by Herb Smith, to accept the minutes of
the meeting of May 9, 2005, motion passed.
Trusco Capitol reviews Market Snapshot, Account Activity, Performance Comparisions,
Asset Allocation.
Smith Barney discusses Manager vs Universe charts, and would like to see some figures
improve.
Attorney Christiansen discusses partial lump sum benefit. Attorney Christiansen will
make up forms for the Drop Plan. The Fire Dept. needs to elect or re -elect four of it "s
trustees. The Fire Dept. will be receiving $37,293.00 from the State. Also asks the boards
if their letter to Mr. Slavin has been sent to expect a 7% return on our monies.
Sincerely,
William Douglas, Secretary